Retirement Account Myths, Misconceptions and Mistakes Part 1 - 7
Your Money, Your Wealth
Your Money, Your Wealth
4.6 • 797 Ratings
🗓️ 5 March 2016
⏱️ 35 minutes
🧾️ Download transcript
Summary
Original publish date March 5, 2016 (hour 1). Note that content may be outdated as rules and regulations have changed. Episode 7 of YMYW is dedicated to retirement accounts and everyone who has one! Joe and Big Al share the biggest myths, misconceptions, and mistakes people make. Plus, new laws and proposals that could have a big impact on your retirement.
Transcript
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| 0:00.0 | Pure Financial Advisors, a registered investment advisor. |
| 0:03.2 | This show does not intend to provide personalized investment advice through this broadcast |
| 0:07.3 | and does not represent that the securities or services discussed are suitable for any investor. |
| 0:12.5 | Investors are advised not to rely on any information contained in the broadcast in the process of making a full informed investment decision. |
| 0:19.0 | This is your money, Wealth, on Talk Radio |
| 0:22.4 | 760, KFMV. Now, here's Joe Anderson and Big Al Clopine. It's a little bit after the hour. |
| 0:31.2 | Good morning, everyone. Show's called Your Money, Your Wealth. Joe Anderson here. I'm a certified |
| 0:36.3 | financial planner with Big Al Clopine. He's a CPA. Thanks for tuning in next couple of hours. We're going to dedicate this show to retirement accounts, individual retirement accounts, IRAs, 401ks, 403Bs, TSBs. Wow. I thought you'd normally dedicate to a person. You're dedicating to retirement accounts. |
| 0:56.0 | Yes. Okay. Every person that holds one. |
| 1:01.0 | Wow. Okay. Well, that's big. It's huge. |
| 1:03.8 | That means you and me and you guys out there. Millions. Yeah. |
| 1:08.5 | Millions, millions and millions. Because what we are finding more and more are some mistakes that you're continuing to make with the overall accounts. There's a lot of rules and regulations when it comes to your overall retirement accounts. And I think a lot of times people are unaware of those rules. There's also new laws on the docket too that will definitely affect some of those accounts. |
| 1:30.3 | So we want to get through some of those new changes potentially. We'll see what happens. |
| 1:35.4 | They've been on the budget now for the last few years. Yeah. And we're referring to some |
| 1:41.2 | proposals. Proposals, yeah. The Obama budget that they haven't passed yet, |
| 1:46.9 | but you can sort of tell where the party's going. |
| 1:51.5 | Yeah. |
| 1:52.8 | And, you know, speaking of the president, |
| 1:57.9 | did you watch that debate done Thursday there, buddy? |
| 2:00.6 | No, I've lost interest in debates. |
| 2:02.5 | Oh, my God. |
| 2:05.0 | I saw, I was in the gym on Monday, and, you know, they got TVs now on your, on your cardio things. |
... |
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